Information technology goes global: Tanks in the cloud | The Economist

Excerpted from an Economist cloud computing snapshot

The results suggest that Amazon’s cloud is a bigger business than previously thought. Randy Bias, the boss of Cloudscaling, a IT-engineering firm, did not use these results when he put Amazon’s annual cloud-computing revenues at between $500m and $700m in 2010. And in August UBS, an investment bank, predicted that they will total $500m in 2010 and $750m in 2011.

Information technology goes global: Tanks in the cloud | The Economist